AXIL Brands Q4 net revenue rises 48.9% to record $8.6 million; fiscal net income $2.7 million
AXIL Brands reported fourth-quarter and fiscal 2026 results for periods ended May 31, 2026. Q4 net revenues rose 48.9% to a record $8.6 million, and net income was $1.5 million, or $0.18 per diluted share, compared with a loss in the prior-year quarter. For the full year, net income was $2.7 million, or $0.33 per diluted share, versus $0.10 in fiscal 2025, and the company reported no outstanding borrowings as of May 31, 2026.
Key points
- Q4 2026 net revenues were $8.6 million, up from $5.8 million a year earlier, driven mainly by sales to big box retail chains
- Q4 2026 gross margin was 72.0%, up from 70.0%; net income was $1.5 million, or $0.18 per diluted share, versus a $0.04 per share loss
- Fiscal 2026 net income was $2.7 million, or $0.33 per diluted share, compared with $0.10 per diluted share in fiscal 2025
- Cash was $4.5 million as of May 31, 2026, versus $4.8 million a year earlier; the company received about $910,000 in IEEPA duty refunds after year end, to be recorded in fiscal 2027
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 18, 2026.
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